Apple reports biggest quarterly profit ever

Apple's innovative strategy has led to staggering iPhone demand, selling over 34,000 units per hour. The company's growth in China is significant, with revenue increasing by 70% year-on-year. The iPhone is seen as a status symbol among social elites. Despite being the most valuable company, Apple faces challenges due to its reliance on smartphones, as innovation in this area slows. The company must explore new avenues beyond smartphones to maintain its market position.

What is a key factor in Apple's ability to meet consumer demands before they are even aware of them?

• A crystal ball strategy

• Competitor analysis

• Customer feedback

• Advanced market research

How has Apple's business in China impacted its overall growth?

• It has grown significantly, becoming a major market

• It has remained stable

• It has decreased due to local competition

• It has seen a slight increase

Why is the iPhone considered a status symbol in some markets?

• Due to its affordability

• Because of its sleek design and brand prestige

• Due to its limited availability

• Because it is the only smartphone available

What challenge does Apple face with its current product lineup?

• Over-reliance on a single product

• Excessive innovation

• Too many diverse products

• Lack of brand recognition

What must Apple consider for its future growth beyond smartphones?

• Developing new technology products

• Reducing its product range

• Expanding into the food industry

• Focusing solely on software